CA Bhuvnesh Goyal

Rajasthan High Court Dismisses Application by M/s Arco Electro Technologies Pvt. Ltd. in Winding-Up Case of Vanasthali Textiles Industries Ltd.

Jaipur, April 26, 2024: The Rajasthan High Court, Jaipur Bench, has dismissed the application filed by M/s Arco Electro Technologies Pvt. Ltd. in relation to the winding-up order of M/s Vanasthali Textiles Industries Ltd., which is currently in liquidation. The matter was called for hearing, but the applicant, M/s Arco Electro Technologies Pvt. Ltd., failed […]

ITAT Jaipur Rules in Favor of Taxpayer: Surrendered Cash During Survey Treated as Business Income

Jaipur: In a significant ruling, the Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has delivered a judgment favoring the taxpayer, Mrs. Prem Lata Pandya, in the case of Prem Lata Pandya vs. DCIT (ITA No. 1471/JPR/2024). The Tribunal directed the assessing authorities to classify ₹24 lakh, surrendered during a tax survey, as business

Register Private Limited Company in India

Register Private Limited Company in India online. Private Limited Company Registration is one of the first steps of starting your own company and business in India. Private Limited Company do not only offers limited liability, separate legal entity but provides credibility to a business and gives them an opportunity to raise funds in the form

How Much Time Does It Take for Company Name Approval in India ?

When starting a business in India, one of the initial steps involves registering your company. A crucial part of this process is getting your company name approved. The approval of your company name is an important milestone, as it ensures that the name complies with the regulations set by the Ministry of Corporate Affairs (MCA)

Jaipur ITAT Grants Condonation of Delay and Restores Matter to AO for Fresh Assessment in Ladu Ram vs. ITO, Ward-Tonk Case

In a recent decision, the Income Tax Appellate Tribunal (ITAT) Jaipur disposed of the appeal filed by Shri Ladu Ram, an agriculturist from a rural area, against the impugned order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] on 30th April 2024. The appellant’s appeal had been filed 98 days after the prescribed deadline,

Income Tax Deductions List – Deductions on Section 80C, 80CCC, 80CCD & 80D-FY 2024-25 (AY 2025-26)

ITAT Delhi Rules Excise Duty Refund as Capital Receipt: Relief Granted to Jindal Saw Ltd.

Delhi, January 24, 2025:The Income Tax Appellate Tribunal (ITAT), Delhi Bench, delivered a significant ruling in favor of Jindal Saw Ltd. (formerly Saw Pipes Ltd.) regarding the taxability of excise duty refund. The tribunal held that the excise duty refund received by the assessee is in the nature of a capital receipt and, therefore, not

ITAT Delhi Dismisses Revenue Appeal Due to Tax Effect Below Rs. 60 Lakh Threshold

Date of Pronouncement: 02.01.2024Bench: Income Tax Appellate Tribunal (ITAT), Delhi The Income Tax Appellate Tribunal (ITAT) Delhi Bench dismissed the ITAT appeal filed by the Revenue against the order dated 22.11.2022, passed by the Commissioner of Income Tax (Appeals)-30, New Delhi. The appeal arose from the Assessment Order dated 06.04.2021 for the Assessment Year (A.Y.) 2019-20 under

Income Tax Calculator

Income Tax Calculator Income Tax Calculator Total Annual Income (₹): Deductions under Section 80C (₹): LIC Premium: PPF (Public Provident Fund): NSC (National Savings Certificate): ELSS (Equity Linked Savings Scheme): Senior Citizens Savings Scheme: Deductions under Section 80D (₹): Health Insurance Premium (Self): Health Insurance Premium (Family): Health Insurance Premium (Senior Citizens): Home Loan Interest

Union Budget 2025: Date, Time, and Key Details

The Union Budget is one of the most anticipated events in India’s fiscal calendar, and it plays a crucial role in shaping the nation’s economy. This page will provide all the essential details you need to know about the Union Budget 2025, including the date, time, and other important information. Union Budget 2025: Date &

Rajasthan High Court Dismisses Application by M/s Arco Electro Technologies Pvt. Ltd. in Winding-Up Case of Vanasthali Textiles Industries Ltd.

ITAT Jaipur Rules in Favor of Taxpayer: Surrendered Cash During Survey Treated as Business Income

Register Private Limited Company in India

How Much Time Does It Take for Company Name Approval in India ?

Jaipur ITAT Grants Condonation of Delay and Restores Matter to AO for Fresh Assessment in Ladu Ram vs. ITO, Ward-Tonk Case

Income Tax Deductions List – Deductions on Section 80C, 80CCC, 80CCD & 80D-FY 2024-25 (AY 2025-26)

ITAT Delhi Rules Excise Duty Refund as Capital Receipt: Relief Granted to Jindal Saw Ltd.

ITAT Delhi Dismisses Revenue Appeal Due to Tax Effect Below Rs. 60 Lakh Threshold

Income Tax Calculator

Union Budget 2025: Date, Time, and Key Details

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